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Stock analysts at Hudson Square Research started coverage on shares of Viacom (NASDAQ:VIAB) in a report issued on Monday. The firm set a “buy” rating and a $94.00 price target on the stock. Hudson Square Research’s target price indicates a potential upside of 12.13% from the company’s current price.

Viacom (NASDAQ:VIAB) opened at 83.83 on Monday. Viacom has a 52-week low of $64.55 and a 52-week high of $89.27. The stock’s 50-day moving average is $84.06 and its 200-day moving average is $83.9. The company has a market cap of $36.032 billion and a P/E ratio of 15.57.

Viacom (NASDAQ:VIAB) last issued its quarterly earnings data on Thursday, May 1st. The company reported $1.08 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.05 by $0.03. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the prior year, the company posted $0.96 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis. On average, analysts predict that Viacom will post $5.50 earnings per share for the current fiscal year.

VIAB has been the subject of a number of other recent research reports. Analysts at Barrington Research upgraded shares of Viacom from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 8th. They now have a $102.00 price target on the stock. Separately, analysts at Evercore Partners reiterated an “equal weight” rating on shares of Viacom in a research note on Monday, April 28th. They now have a $93.00 price target on the stock. Finally, analysts at Guggenheim reiterated a “buy” rating on shares of Viacom in a research note on Friday, March 21st. They now have a $101.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Viacom has a consensus rating of “Buy” and a consensus price target of $90.18.

Viacom Inc (NASDAQ:VIAB) is an entertainment content company that connects with audiences through compelling content across television, motion picture, online and mobile platforms in over 160 countries and territories.

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